GE Capital Aviation Services Limited (GECAS) delivered a new Airbus A320 to Spring Airlines to expand the Chinese low-cost carrier’s fleet. The aircraft comes from GECAS’ existing order book with Airbus. Spring Airlines operates a fleet of more than 30 aircraft to destinations in China, Japan, Macau and Thailand.
In the framework of the “Fiber Force” research project, started in 2010, working together with the German Aerospace Center (DLR) and the Technical University of Darmstadt, Lufthansa Technik has developed methods for load transmission into carbon fiber composites (CFC) aircraft fuselage structures for VIP customer aircraft. New generations of aircraft, such as the Airbus A350
Finnair’s turnover decreased slightly in the third quarter of the year from the corresponding period in 2012 and totalled €637m. Turnover was affected especially by the year-on-year decline in euro-denominated revenue, driven by the weak yen. Demand for air traffic developed well, but not enough to compensate the decrease in unit revenues, which was reflected
Alaska Air Group reported third quarter 2013 GAAP net income of $289m compared to $163m in the third quarter of 2012. Excluding the impact of mark-to-market fuel hedge adjustments of $20m and a one-time special revenue item of $192m ($120m after tax) that primarily resulted from the application of new accounting rules associated with the
United Airlines (UAL) reported third-quarter 2013 net income of $590m, an increase of 13.5% year-over-year, excluding $211m of special charges. Including special charges, UAL reported third-quarter 2013 net income of $379 million. UAL generated $10.2bn of revenue in the third quarter of 2013 and ended the third quarter with $6.7bn in unrestricted liquidity.
Component Control released that Skyservice, a canadian leader in business aviation services, has tripled its footprint of Quantum ControlTM across all of its FBO and maintenance services for business aviation. With facilities in Montreal, Toronto, and Calgary, Skyservice is dedicated to the core business pillars of Aircraft Charter Services, Fixed Base Operations, Maintenance, HondaJet Sales
MacCarthy Aviation Holdings announced that the business and assets has been purchased by Berwick Industries, part of the Berwick Group with the new company trading under the name of ‘MAC Interiors’ with immediate effect. The sale, completed at the beginning of October, is a major step forward for the business which has a good order
Hong Kong Aircraft Engineering Company (HAECO) has entered into a conditional stock purchase agreement for the acquisition of TIMCO Aviation Services for a cash consideration of US$388.8m, subject to closing adjustments. TIMCO is a U.S. based provider of aircraft maintenance, repair and other services. The Seller is a company controlled by investment vehicles managed by
BOC Aviation has delivered the last of the eight 777-300ERs ordered from Boeing for long-term lease to Thai Airways (THAI). The aircraft, powered by GE90 engines, delivered over the period to October 2013. The lease transaction, announced in November 2010, marked the first time BOC Aviation had worked with the Thai national carrier.
Eurocopter has provided the initial EC130 T2 to a customer in Kazakhstan, introducing this enhanced version of its single-engine EC130 helicopter to the Commonwealth of Independent States (CIS) and further expanding the company’s presence in a region where demand for rotorcraft is rapidly growing. The milestone EC130 T2 is configured for passenger transport, and was
